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's bring in barbara starr at the pentagon for more on this potential chuck hagel nomination. we don't know if he'll be nominated yet. barbara, what are the attacks against hagel? >> classic washington trial balloon. the nomination isn't out, nomination hasn't been made, but the pins are sticking in that trial balloon. first, senator hagel apologized for comments he made back around 1997, 1998 when there was a man who was openly gay about to become an ambassador, hagel opposed all of that, made some comments about gay people. now he says all these years later he regrets it, it is not what he believes. and by all accounts members of those who represent pro gay rights movements in washington have accepted senator hagel's apology on that. item number two, a lot of questions about whether hagel is tough enough on iran. did he cast some votes in the senate that did not support sanctions against iran? number three, israel. this may be the one that gets the most traction and already has, in fact. a lot of pro israeli groups are saying that senator hagel simply isn't supportive enough of israel. be
they go to washington, it is not an act of philanthropic on the pentagon -- and at the plant for be on the pentagon fell apart -- it is not a philanthropic act on the pentagon's part. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why is that? because the global surplus of recycling mechanism was sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. well, paul volcker -- been named may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. volcker's paper, which are when i read a few year
, it is not a philanthropic act on the pentagon's part to instruct boeing to build. -- to build in the deficit areas of the u.s. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing -- unless those who do not have dollars are given dollars to spend purchasing, the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. very low unemployment. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. -- if you do not have it? enter a young turk in 1971. actually, he was the american, but you know what i mean. well, paul volcker -- that name may ring a bell. in 1971, pau
, so do have the debt ceiling fight coming up. when you say that it faces and, you expect the pentagon to say we would just hold everything? certainly years, serving months ahead of time. they have to plan on how many people to have in their workforce -- in the force, recruiting. you cannot turn on a dime, like a huge oil tanker. >> john, we will focus on folks that we did not know who are here. we will come right back. don't go away. take five minutes. >> this is just -- >> we saw senators mccain and 11 decide they will come back in a couple of minutes. as we wait, back to something that took place earlier this morning outside the capital. -- the capitol. >> i want to thank you for being here to call on house republicans not to drop the ball on the middle-class. also for the house to show up for work, right? the president is down at the white house, senator harkin and his colleagues are here. they are out on a paid vacation right now. boehner walked out of the allegations with the present and then he walked out of the house and tell all members to go home while we are four days away f
resonated around the pentagon. they say they're trying to get to the bottom of this and figure out how this all could have happened. >> and how many children do we think that were involved in this abuse? >> reporter: in this one case, right now, it's a handful, if you will. but what the parents are telling me is, they don't know if that's the entire story because the only videotapes to corroborate this are 30 days' worth of videotapes. the allegation is made on september 26th. the tapes go back one month. and they don't know what might have happened before that. suzanne? >> all right. barbara starr, thank you for following that story. appreciate it. >>> meet a man who has taken a stand on the national debt by trying to pay it off himself. and a choice. h n take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searc
to washington, it is not a philanthropic act on the pentagon's part. -- to instruct boeing to build . it is pragmatic. the united states federal government -- unless europe is dollar rise, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. 60's.950's and the 19 a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why is that? -- why did it end? because the global surplus of recycling mechanism was sustained. -- could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. enter a young turk in 1971. well, paul volcker -- been named may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still nation
Search Results 0 to 5 of about 6